Federal Deposit Insurance Corporation v. Robert Morris

Federal Deposit Insurance Corp. (FDIC), in its capacity as receiver of First National Bank of Irving (FNB-I), appeals the trial courts judgment against it in a suit brought by Robert Morris, Jr., and William O. Shields. In a single point of error, FDIC claims that the trial court erred in failing to make findings of fact and conclusions of law, thus depriving FDIC of the opportunity to urge other points of error concerning the factual and legal foundations of the judgment. We agree. The judgment of the trial court is reversed and the cause is remanded for a new trial.